## Lots 2, 3 & 4, 34-44 Raglan Street 

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#  Lots 2, 3 & 4, 34-44 Raglan Street

Preston, VIC

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Location

The property is approximately nine kilometres north of the Melbourne CBD. The property has access to major roads and transport services making it desirable for inner city services.

Description

The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.

This asset is wholly owned by Growthpoint Properties Australia.

Asset summary

as at 30 June 2026

Sector

Industrial

Title

Freehold

Site area

42,280 sqm

Lettable area

28,028 sqm

Occupancy

100 %

WALE (by income)

5.0 years

Major tenant

Panda Mart

Valuation summary

Book value

 $ 61.3 m

Cap rate

5.75 %

Discount rate

7.50 %

Contact us

![Andrew Fitt photo](https://growthpoint.com.au/sites/default/files/styles/goz_our_team/public/2026-07/Andrew-Fitt-web.jpg?h=3da94e8f&itok=walpbBRD)

Andrew Fitt

Portfolio Manager - Industrial

      +61 427 040 489

[         Contact via Email ](mailto:afitt@growthpoint.com.au)

Location

The property is approximately nine kilometres north of the Melbourne CBD. The property has access to major roads and transport services making it desirable for inner city services.

Description

The property comprises three factory/warehouses and a small stand-alone two-level office. Lighting at the site has been upgraded to LEDs and the premises are fully sprinklered. The property offers institutional-grade accommodation in a tightly held 'infill' location.

## -37.7513434, 145.0257567

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